Student rates

Morgan State University to lease 537 student housing around Baltimore amid record enrollment

BALTIMORE — Morgan State University is set to rent 537 student housing in three complexes away from the university, due to record enrollment.

The university today received approval to lease units in two Towson apartment complexes (Towson Town Place and Altus Apartments) and one in the Mt. Vernon area of ​​Baltimore (Varsity Midtown).

The Maryland Board of Public Works voted today to approve the leases, which would cost the state at least $10.77 million.

Morgan State University said its fall semester enrollment is expected to top 8,500 for the first time in history, and current housing capacity of 2,644 is insufficient.

University President David Wilson told the board today:

We have never seen listings like this in our 155 year history. We defy the national odds, both in terms of new and returning students.

State Comptroller Peter Franchot, a board member and gubernatorial candidate, called the investment leases “historic” at Morgan State University.

The the university will rent 152 units and 50 parking spaces at Altus Apartments in downtown Towson at an annual cost of $1.97 million; 201 units in Towson Town Place apartments at a cost of $2.3 million for the first two years, $2.4 million for the third year and an option of $2.5 million per year for two additional years; and 194 units in Varsity Midtown at an annual rent of $1.8 million with annual increases of the greater of 3.95% or the Consumer Price Index. (Altus Apartments is already a student housing complex, for Towson University.)

The university’s Office of Residential Life recommended that housing be “in a location that it can control in terms of a safe and healthy university environment”.

The university is already adding hundreds of new beds to campus.

Morgan State University also plans to build a new school of osteopathic medicine in 2023 and today won Public Works Board approval to demolish the former Montebello Hospital Complex, a 181,936-square-foot facility on Argonne Drive. , in order to build the new school.

Wilson told the board that the university soon plans to submit its application to repossess the former Lake Clifton High School property for a satellite campus, and that the renovated Northwood Commons mall will have a grand grand opening in the fall.